Enalyzer Backtesting

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ENALYZ -- Denmark Stock  

DKK 3.90  0.02  0.52%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Enalyzer AS and determine expected loss or profit from investing in Enalyzer over given investment horizon. Continue to Enalyzer Hype Analysis, Enalyzer Correlation, Enalyzer Valuation, Enalyzer Volatility as well as analyze Enalyzer Alpha and Beta and Enalyzer Performance.

Enalyzer 'What if' Analysis

No Change 0.00  0.0 
In 3 months and 1 day
If you would invest  0.00  in Enalyzer on April 11, 2020 and sell it all today you would earn a total of 0.00 from holding Enalyzer AS or generate 0.0% return on investment in Enalyzer over 90 days. Enalyzer AS provides solutions for the measurement and analysis of employee satisfaction, and customer and citizen views...

Enalyzer Upside/Downside Indicators

Downside Deviation13.61
Information Ratio0.0715
Maximum Drawdown94.76
Value At Risk(11.50)
Potential Upside21.6

Enalyzer Market Premium Indicators

Risk Adjusted Performance0.1614
Jensen Alpha0.9048
Total Risk Alpha(0.05)
Sortino Ratio0.0715
Treynor Ratio0.7905

Enalyzer AS Backtested Returns

Enalyzer appears to be very risky, given 3 months investment horizon. Enalyzer AS secures Sharpe Ratio (or Efficiency) of 0.0372, which denotes the company had 0.0372% of return per unit of standard deviation over the last 3 months. Our philosophy in predicting the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Enalyzer AS, which you can use to evaluate future volatility of the firm. Please utilize Enalyzer AS semi deviation of 6.9, downside deviation of 13.61, and mean deviation of 5.93 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Enalyzer holds a performance score of 2. The firm shows a Beta (market volatility) of 1.4312, which means somewhat significant risk relative to the market. Let's try to break down what Enalyzer's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Enalyzer will likely underperform. Although it is vital to follow to Enalyzer AS historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Enalyzer AS technical indicators, you can presently evaluate if the expected return of 0.25% will be sustainable into the future. Please utilizes Enalyzer AS standard deviation, as well as the relationship between the value at risk and kurtosis to make a quick decision on whether Enalyzer price patterns will revert.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.04) 
correlation synergy

Very weak reverse predictability

Enalyzer AS has very weak reverse predictability. Overlapping area represents the amount of predictability between Enalyzer time series from 11th of April 2020 to 26th of May 2020 and 26th of May 2020 to 10th of July 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Enalyzer AS price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Enalyzer price fluctuation can be explain by its past prices. Given that Enalyzer AS has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Enalyzer for similar time interval.
Correlation Coefficient-0.04
Spearman Rank Test-0.38
Residual Average0.0
Price Variance0.08

Enalyzer AS lagged returns against current returns

 Current and Lagged Values 

Enalyzer regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Enalyzer Lagged Returns

 Regressed Prices 

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Continue to Enalyzer Hype Analysis, Enalyzer Correlation, Enalyzer Valuation, Enalyzer Volatility as well as analyze Enalyzer Alpha and Beta and Enalyzer Performance. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page